Computational General Dynamic Equilibrium
Non-parametric counterfactual analysis in dynamic general equilibrium
... Dynamic general equilibrium models play a prominent role in modern macroeco- nomics, finance, and public ...stochastic dynamic models with hetero- geneous agents have become increasingly ...
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Non-parametric counterfactual analysis in dynamic general equilibrium
... The computational results in applied work often seem relatively robust with respect to small changes in ...in general equilibrium analysis, there have been few attempts in the literature to ...
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Modelling Forestry in Dynamic General Equilibrium
... Our computational framework CliMAT-DGE (Climate Mitigation, Adaptation and Trade in Dynamic General Equilibrium) is ultimately intended to consist of a number of tightly linked economic and ...
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A Computational General Equilibrium Approach to Sectoral Analysis for Tax Potential: An Application to Pakistan
... This study develops a dynamic general equilibrium model, applied to Pakistani data, in which optimizing agents evade taxes by operating in the underground economy. The cost to firms of evading taxes ...
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Essays in dynamic general equilibrium
... In contrast, I show that under incomplete markets generated by collateral constraints, agents with heterogeneous (potentially incorrect) beliefs survive in the long r[r] ...
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Stochastic Taxation and Asset Pricing in Dynamic General Equilibrium
... 1986, incorporating the feature that investors are aware that next year's tax code may not be the same as this year's. Bizer and Judd (1989) present a dynamic general equilibrium model where ...
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A dynamic general equilibrium model for tax policy analysis in Colombia
... a dynamic general equilibrium model for Colombia based on national accounts from ...the dynamic model with simpler static and steady-state formulations to highlight the importance of ...
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Staggered wages and monetary policy : a dynamic general equilibrium approach
... In the first four chapters of the thesis we have exploited the dynamic general equilibrium model with staggered wage setting a la Taylor, built in Chapter 1, to address different issues [r] ...
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Economic Reform in North Korea: A Dynamic General Equilibrium Model
... where K is the aggregate capital stock, is the depreciation rate, is the percentage of final output the government invests in physical capital, and i .is the percentage of this new [r] ...
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A Study on Dynamic General Equilibrium under the Classical Growth Framework
... The equilibrium growth rate, the equilibrium price structure and the equilibrium output structure are all determined by technologies (or in other words, production functions) of sectors (or ...to ...
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The Hotelling's Rule Revisited in a Dynamic General Equilibrium Model
... 1. Introduction In his seminal article, Hotelling (1931) showed that the price for a nonrenewable resource will rise at the real interest rate in an efficient market equilibrium, 1 a result known as the ...
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Globalisation and Inequality: A Dynamic General Equilibrium Model of Unequal Exchange
... the equilibrium feature of a global economy due to inequalities in development and wealth, and the functioning of global markets for commodities and capital, all of which are relevant features of the contemporary ...
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"A Dynamic General Equilibrium Model with Centralized Auction Markets"
... a dynamic general equilibrium model with auction markets and show that there is a continuum of stationary equilib- ...stationary equilibrium is ...
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Macroprudential Regulation in Dynamic Stochastic General Equilibrium Models
... the dynamic interaction between cre- dit limits and asset prices leads to a build-up of ...This dynamic instrument requires debtors to provide more eq- uity in good times, so that the borrowers’ balance ...
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Soft budget constraints in a dynamic general equilibrium model
... We have seen that the main outcome of the syndrome on our setting is an excess of capital compared to the perfect information case. We now investigate what are the effects of this result in this general ...
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Welfare Analysis of Free Entry in a Dynamic General Equilibrium Model
... partial equilibrium analyses and there has been no research that examines the excess entry theorem by taking into account capital accu- mulation over ...long-run equilibrium, the disregard of capital ...
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Dynamic General-Equilibrium Models and Why the Bank of Canada is Interested in Them
... “dynamic general-equilibrium models” (DGEM S ) has replaced the earlier “real-business-cycle models” to designate this methodology and the models derived from ...
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Factor Models and Dynamic Stochastic General Equilibrium models: a forecasting evaluation
... generalized dynamic factor model (GDFM(p, q)) with the number of static factors r fixed using Alessi et ...of dynamic factors q fixed using the Hallin and Liˇ ska (2007) ...
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Pollution Abatement in the Netherlands: A Dynamic Applied General Equilibrium Assessment
... new equilibrium where the marginal abatement costs equal the price of the environmental permits and the polluters are indifferent between buying more pollution permits or demanding more abatement ...
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Dynamic General Equilibrium Models with Imperfectly Competitive Product Markets
... The paper then analyzes the effects of imperfect competition upon the economy's response to several kinds of real shocks, including technology shocks, shocks to the level of government p[r] ...
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